Free Trial

JGB futures have held to a tight range for.....>

JGBS
JGBS: JGB futures have held to a tight range for the duration of the session,
with the contract trading just shy of a couple of recent intraday highs which
provide notable resistance ahead of 153.00. The cash space has seen the curve
bull flatten.
- A marginally stronger JPY and negative session for the Nikkei 225 have added
some support, allowing futures to solidify their overnight session gains.
- The latest 10-Year JGBi auction passed smoothly, given the suppressed
breakeven level, but produced little in the way of spill over into the broader
JGB space/breakevens.
- Focus next week turns to CPI & trade balance data, the usual BoJ Rinban
operations and 20-Year supply. 
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Why Subscribe to

MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.